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A fiduciary duty arises when one party has a special relationship of trust with another. This principle is critical in limited liability companies (LLCs), where members and managers have specific responsibilities to each other and the company. A breach of these fiduciary duties can lead to significant legal disputes, potentially resulting in personal liability for …
In the world of business, disputes are inevitable. Whether they involve contract disagreements, partnership issues, or customer complaints, conflicts can arise at any point. When they do, businesses have several options for resolving the matter. While litigation—the process of taking a dispute to court—is one of the most traditional routes, it is often not the …
One week after agreeing to pay a $95 million settlement to resolve a class-action lawsuit, Apple denied its digital voice assistant Siri poses any privacy concerns. The lawsuit claimed Siri recorded private conversations and shared them with third-party advertisers without consent. The plaintiffs alleged that Apple recorded private conversations through the accidental activation of Siri. …
Under recent federal law, Medicare now has the power to directly negotiate pricing with major pharmaceutical companies. The Inflation Reduction Act (IRA) empowered the Centers for Medicare and Medicaid Services (CMS) to negotiate the prices for certain prescription drugs. The intent was to secure cost savings for the government and ensure seniors’ access to some …
Herold Law, P.A., provides a full range of legal services for businesses in New Jersey, New York, and Florida. To speak with a legal professional experienced in your area of need, call 908-679-5011 or complete our simple intake form on our website to schedule a consultation. While located in Warren, New Jersey for the convenience of our New Jersey clients, we also serve clients in New York and Florida.
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